Hewlett-Packard Financial sent a text message saying that emergency contacts should bear joint liability?

You don't have to bear joint liability.

The emergency contact person has no joint liability, and the loan emergency contact person is only selected when the borrower cannot be contacted. He is neither a co-lender nor a loan guarantor, so he does not need to bear corresponding legal responsibilities and has no obligation to help the borrower repay the loan.

The concept of inclusive finance was put forward by the United Nations on 5 August 2005. It refers to providing appropriate and effective financial services to all social strata and groups with financial service needs at affordable cost. Vulnerable groups such as small and micro enterprises, farmers and urban low-income people are its key service targets. On August 8, 20 18, the central government issued special funds for the development of inclusive finance in 20 18.